[SCHEDULE 13G] i-80 Gold Corp. SEC Filing
Condire affiliates disclosed a passive ownership stake of 81,171,808 common shares in i-80 Gold Corp, representing 9.9% of the outstanding common shares based on 811,358,811 shares outstanding as of June 30, 2025. The filing identifies Condire Management, LP as investment manager for Condire Resource Master Partnership, LP and Condire Alpha Partners, LP, and notes a blocker agreement that limits combined holdings to less than 10% of i-80 Gold's common shares. Reporting persons include Condire Management GP Holdings, LLC and two managing members, Ryan E. Schedler and Bradley J. Shisler, each disclaiming sole voting or dispositive power.
Affiliati di Condire hanno dichiarato una partecipazione passiva di 81.171.808 azioni ordinarie di i-80 Gold Corp, pari al 9,9% del capitale sociale in circolazione, calcolato su 811.358.811 azioni in circolazione al 30 giugno 2025. Il deposito indica Condire Management, LP come gestore degli investimenti per Condire Resource Master Partnership, LP e Condire Alpha Partners, LP, e segnala un accordo blocker che limita la partecipazione combinata a meno del 10% delle azioni ordinarie di i-80 Gold. Tra le persone che riportano figurano Condire Management GP Holdings, LLC e due membri gestori, Ryan E. Schedler e Bradley J. Shisler, i quali ciascuno rinunciano al potere esclusivo di voto o di disposizione.
Afiliadas de Condire revelaron una participaci贸n pasiva de 81.171.808 acciones ordinarias en i-80 Gold Corp, equivalente al 9,9% de las acciones en circulaci贸n, con 811.358.811 acciones en circulaci贸n al 30 de junio de 2025. El informe identifica a Condire Management, LP como gestor de inversiones de Condire Resource Master Partnership, LP y Condire Alpha Partners, LP, y menciona un acuerdo blocker que limita la tenencia combinada a menos del 10% de las acciones ordinarias de i-80 Gold. Las personas que informan incluyen a Condire Management GP Holdings, LLC y dos miembros gerentes, Ryan E. Schedler y Bradley J. Shisler, quienes declaran no tener poder exclusivo de voto ni de disposici贸n.
Condire 瓿勳棿靷姅 i-80 Gold Corp鞚� 氤错喌欤� 81,171,808欤茧ゼ 靾橂彊 氤挫湢 歆�攵勳溂搿� 瓿奠嫓頄堨溂氅�, 鞚措姅 2025雲� 6鞗� 30鞚� 旮办 氚滍枆欤检嫕 811,358,811欤� 雽�牍� 9.9%鞐� 頃措嫻頃╇媹雼�. 氤搓碃靹滌棎電� Condire Resource Master Partnership, LP鞕� Condire Alpha Partners, LP鞚� 韴瀽 甏�毽瀽(Investment Manager)搿� Condire Management, LP臧� 旮办灛霅橃柎 鞛堨溂氅�, 頃╈偘 氤挫湢毳� i-80 Gold鞚� 氤错喌欤� 旮办 10% 氙鸽鞙茧 鞝滍暅頃橂姅 敫旊旎� 頃╈潣(blocker agreement)臧� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 氤搓碃鞚胳潃 Condire Management GP Holdings, LLC鞕� 霊� 氇呾潣 毵る媹歆� 氅る矂鞚� Ryan E. Schedler 氚� Bradley J. Shisler搿�, 臧侅瀽 雼弲 鞚橁舶甓� 霕愲姅 觳橂秳甓岇潉 氤挫湢頃橃 鞎婌潓鞚� 攵�鞚疙暕雼堧嫟.
Des affili茅es de Condire ont d茅clar茅 une participation passive de 81 171 808 actions ordinaires d'i-80 Gold Corp, repr茅sentant 9,9% des actions en circulation, sur la base de 811 358 811 actions en circulation au 30 juin 2025. Le d茅p么t d茅signe Condire Management, LP comme gestionnaire d'investissement pour Condire Resource Master Partnership, LP et Condire Alpha Partners, LP, et mentionne un accord bloqueur limitant les avoirs combin茅s 脿 moins de 10% des actions ordinaires d'i-80 Gold. Les personnes d茅clarantes incluent Condire Management GP Holdings, LLC et deux membres g茅rants, Ryan E. Schedler et Bradley J. Shisler, qui d茅clinent chacun tout pouvoir exclusif de vote ou de disposition.
Condire-Tochtergesellschaften gaben einen passiven Beteiligungsanteil von 81.171.808 Stammaktien an i-80 Gold Corp. an, was 9,9% der ausstehenden Stammaktien entspricht, basierend auf 811.358.811 ausstehenden Aktien zum 30. Juni 2025. Die Meldung nennt Condire Management, LP als Investmentmanager f眉r Condire Resource Master Partnership, LP und Condire Alpha Partners, LP und weist auf eine Blocker-Vereinbarung hin, die kombinierte Best盲nde auf unter 10% der Stammaktien von i-80 Gold begrenzt. Zu den meldenden Personen geh枚ren Condire Management GP Holdings, LLC sowie zwei gesch盲ftsf眉hrende Mitglieder, Ryan E. Schedler und Bradley J. Shisler, die jeweils jede alleinige Stimm- oder Verf眉gungsgewalt verneinen.
- Disclosed a 9.9% passive stake in i-80 Gold Corp, providing transparency to the market
- Blocker agreement limits combined holdings to less than 10%, reducing potential control or activist concerns
- Reporting includes clear identification of entities and individuals (Condire Management, Condire Management GP, Ryan E. Schedler, Bradley J. Shisler)
- None.
Insights
TL;DR: Condire鈥檚 filing shows a near-10% passive position with a formal blocker to prevent crossing the 10% threshold.
The Schedule 13G indicates a material, but non-control, economic interest in i-80 Gold equal to 9.9% of the class. As an investment adviser filing under Rule 13d-1(b), Condire Management discloses shared voting and dispositive power over 81,171,808 shares while asserting the positions are held in the ordinary course of business. The noted blocker agreement is significant: it constrains the aggregate ownership to below 10%, limiting potential activist or control implications. For investors, this clarifies the holder鈥檚 passive intent and legal constraints on increasing stake above the regulatory threshold.
TL;DR: The filing documents indirect beneficial ownership and structural limits that keep Condire below control thresholds.
Ownership is reported through managed accounts and related entities, with Condire Management GP serving as general partner and two named managing members signing the filing. The absence of sole voting or dispositive power and the explicit blocker agreement together support the filing鈥檚 characterization as passive. The joint filing agreement and signatures from managing members provide customary governance transparency. This reduces immediate governance risk from this holder, since the structure and agreement impede unilateral control actions.
Affiliati di Condire hanno dichiarato una partecipazione passiva di 81.171.808 azioni ordinarie di i-80 Gold Corp, pari al 9,9% del capitale sociale in circolazione, calcolato su 811.358.811 azioni in circolazione al 30 giugno 2025. Il deposito indica Condire Management, LP come gestore degli investimenti per Condire Resource Master Partnership, LP e Condire Alpha Partners, LP, e segnala un accordo blocker che limita la partecipazione combinata a meno del 10% delle azioni ordinarie di i-80 Gold. Tra le persone che riportano figurano Condire Management GP Holdings, LLC e due membri gestori, Ryan E. Schedler e Bradley J. Shisler, i quali ciascuno rinunciano al potere esclusivo di voto o di disposizione.
Afiliadas de Condire revelaron una participaci贸n pasiva de 81.171.808 acciones ordinarias en i-80 Gold Corp, equivalente al 9,9% de las acciones en circulaci贸n, con 811.358.811 acciones en circulaci贸n al 30 de junio de 2025. El informe identifica a Condire Management, LP como gestor de inversiones de Condire Resource Master Partnership, LP y Condire Alpha Partners, LP, y menciona un acuerdo blocker que limita la tenencia combinada a menos del 10% de las acciones ordinarias de i-80 Gold. Las personas que informan incluyen a Condire Management GP Holdings, LLC y dos miembros gerentes, Ryan E. Schedler y Bradley J. Shisler, quienes declaran no tener poder exclusivo de voto ni de disposici贸n.
Condire 瓿勳棿靷姅 i-80 Gold Corp鞚� 氤错喌欤� 81,171,808欤茧ゼ 靾橂彊 氤挫湢 歆�攵勳溂搿� 瓿奠嫓頄堨溂氅�, 鞚措姅 2025雲� 6鞗� 30鞚� 旮办 氚滍枆欤检嫕 811,358,811欤� 雽�牍� 9.9%鞐� 頃措嫻頃╇媹雼�. 氤搓碃靹滌棎電� Condire Resource Master Partnership, LP鞕� Condire Alpha Partners, LP鞚� 韴瀽 甏�毽瀽(Investment Manager)搿� Condire Management, LP臧� 旮办灛霅橃柎 鞛堨溂氅�, 頃╈偘 氤挫湢毳� i-80 Gold鞚� 氤错喌欤� 旮办 10% 氙鸽鞙茧 鞝滍暅頃橂姅 敫旊旎� 頃╈潣(blocker agreement)臧� 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 氤搓碃鞚胳潃 Condire Management GP Holdings, LLC鞕� 霊� 氇呾潣 毵る媹歆� 氅る矂鞚� Ryan E. Schedler 氚� Bradley J. Shisler搿�, 臧侅瀽 雼弲 鞚橁舶甓� 霕愲姅 觳橂秳甓岇潉 氤挫湢頃橃 鞎婌潓鞚� 攵�鞚疙暕雼堧嫟.
Des affili茅es de Condire ont d茅clar茅 une participation passive de 81 171 808 actions ordinaires d'i-80 Gold Corp, repr茅sentant 9,9% des actions en circulation, sur la base de 811 358 811 actions en circulation au 30 juin 2025. Le d茅p么t d茅signe Condire Management, LP comme gestionnaire d'investissement pour Condire Resource Master Partnership, LP et Condire Alpha Partners, LP, et mentionne un accord bloqueur limitant les avoirs combin茅s 脿 moins de 10% des actions ordinaires d'i-80 Gold. Les personnes d茅clarantes incluent Condire Management GP Holdings, LLC et deux membres g茅rants, Ryan E. Schedler et Bradley J. Shisler, qui d茅clinent chacun tout pouvoir exclusif de vote ou de disposition.
Condire-Tochtergesellschaften gaben einen passiven Beteiligungsanteil von 81.171.808 Stammaktien an i-80 Gold Corp. an, was 9,9% der ausstehenden Stammaktien entspricht, basierend auf 811.358.811 ausstehenden Aktien zum 30. Juni 2025. Die Meldung nennt Condire Management, LP als Investmentmanager f眉r Condire Resource Master Partnership, LP und Condire Alpha Partners, LP und weist auf eine Blocker-Vereinbarung hin, die kombinierte Best盲nde auf unter 10% der Stammaktien von i-80 Gold begrenzt. Zu den meldenden Personen geh枚ren Condire Management GP Holdings, LLC sowie zwei gesch盲ftsf眉hrende Mitglieder, Ryan E. Schedler und Bradley J. Shisler, die jeweils jede alleinige Stimm- oder Verf眉gungsgewalt verneinen.
FAQ
What percentage of i-80 Gold Corp (IAUX) does Condire report owning?
Does Condire claim control over the shares of i-80 Gold?
What is the significance of the blocker agreement mentioned in the filing?
Who signed the Schedule 13G on behalf of the reporting persons?
On what share count is the 9.9% ownership percentage based?
